1 / 26

SUSTAINABILTIY OF SMME’s Khalid Abdulla CEO: Sekunjalo Investments Ltd

SUSTAINABILTIY OF SMME’s Khalid Abdulla CEO: Sekunjalo Investments Ltd. What is “sustainability”?. Two meanings: the financial viability (usual long term) of an activity environmental sustainability and 'green' issues

hillh
Download Presentation

SUSTAINABILTIY OF SMME’s Khalid Abdulla CEO: Sekunjalo Investments Ltd

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. SUSTAINABILTIY OF SMME’s Khalid Abdulla CEO: Sekunjalo Investments Ltd

  2. What is “sustainability”? Two meanings: • the financial viability (usual long term) of an activity • environmental sustainability and 'green' issues Focus of this conference: The financial viability of small, medium and micro enterprises

  3. “Living and working in ways that do not jeopardize our current and future social, environmental and economic resources”

  4. Utilize “alternative energy” to sustain our planet Going “green” should be part of any business plan: Corporate, Big, Medium, Small and Micro

  5. Business's view of sustainability CASHFLOW - Cash is king. INNOVATION – Think “out of the box” even back to basics CONFIDENCE TO SUCCEED (You know how)

  6. What is a “SMME”? Micro, small and medium-sized enterprises are defined according to: A medium-sized - < 250 persons - turnover < R50 million. A small enterprise - < 50 persons - turnover < R 10 million. A micro-enterprise - < 10 persons - turnover of upto R 2 million.

  7. SMME Act (South Africa) cont. Small enterprise - Formal and registered with fixed business premises. - Mostly Owner managed Medium enterprise - Also mainly owner managed - Decentralized management structure. Note: Women represent approximately 56 percent

  8. A journey into the world of business Are you doing what you are best at? Can you make the best decisions on a consistent basis?

  9. Business is a field of opportunities But … you must work hard Be able to relate and work with others: -One of the most important of all Business is a major challenge. - In order to succeed it takes unique thinking, - hard work, and great people skills - It’s an adventure

  10. SA is an economy focused on Jobs We need to focus on ways in which we can assist the the poor We need Structural changes in the economy To create a world without poverty create a developmental economy Creating jobs:

  11. Apply the basic’s Know your product / service Know your market Stick to your business plan Employ people with the same energy / passion Be a leader by example Learn from the mistakes of the big guys Think “out of the box”- INNOVATE You know how - CONFIDENCE

  12. Key Aspects for sustainable SMME’s Alignment with government policies Create jobs and the role of the DTI and IDC Work in partnership with: - Government (especially local government) - Private sector through Corporate enterprise development Improving access to finance Focus on poverty alleviation initiatives ‘new economy’ high growth sectors: Production, Tourism (2010),IT, Basic service businesses

  13. Key pillars of SMME’s Create motivated entrepreneurs • learnerships for the youth • special programmes to support women entrepreneurs • promotion of entrepreneurial role models Unlock economic opportunities • Public sector procurement programmes • Support business linkage programmes with larger business enterprises • Encouraging and supporting franchising Build capacity of entrepreneurs • Improving access to technology • Improving access to information: new media initiatives • Improving access to finance

  14. The building blocks

  15. Why do we need SMME’s? South Africa Population growth / Youth Population (2010): Approx. 50 million • Approx 30 to 40 percent are YOUTH • Africa- An opportunity Awaiting • 1 billion people 2010 - 14% of the world's population

  16. Africa: Continent of Opportunities The African expected economic growth rate is at about 5.0% for 2010 and 5.5% in 2011 SA is the greatest contributor to Africa’s GDP SMME’s key to delivery 2 billion people in 40 years (2050)– Opportunities for SMME’s unlimited Approx. 600 million youth in the system

  17. Out of my box … Success stories Amongst Other: • Sekunjalo • Capitec

  18. From SMME to JSE Sekunjalo in 1996 - Started very small In 1998 - Raised only R250 K (from activists/friends/family/associates) Fourteen years later …2010 The Sekunjalo Investment Group is a JSE listed , black owned, Controlled our operations in fishing, healthcare, pharmaceuticals, information technology and is a global strategic investments The company now currently employs about 2 000 people

  19. The Sekunjalo Story Sekunjalo: Top Empowerment Company: What makes us different? - Sekunjalo positioned itself during the 1990’s for open partnership - facilitated growth and success of first wave of BEE Working together to achieve full potential - Aligned itself to government policies and private sector (Partnerships) - Enterprise Development Programmes - Assisted SMME’s - Skills transfer to create new SMME’s - Direct Ownership We always acknowledge our staff “the success of Sekunjalo would not have been possible without the support of our staff, key management and shareholders ..”

  20. Sekunjalo: Giving back The Art of Giving … Socially Responsible since day 1 in 1996 • Bursaries for medical students (Raised R1,5 million), first time sponsor of black artists (BASA award) • Be “Green” as possible – The legacy The Golden Rules … Ethical and Moral Behaviour • Transparent • Maintain high standard of business conduct • Fairness and honesty • Don’t tolerate corruption

  21. Nelson Mandela paved the road to success Madiba … Inspiration

  22. South Africa: The Success Story The start of South Africa unlimited …

  23. Sustainable business South Africa Sustainable Stock Exchange: Biggest stock exchange in Africa Market capitalization - R5 to 6 trillion 20th largest in the world Sustainable companies 400 listed companies Large and successful Financial Sector: 20% of GDP Domestic banks: 35 (6 foreign owned, 15 branches of foreign banks) Reasonably Well developed micro finance and growing

  24. Wisdom from Warren Buffet “I learned that the only way you are going to get anywhere in life is to work hard at it. Whether you're a musician, a writer, an athlete or a businessman, there is no getting around it. If you do, you'll win - if you don't, you won't,” said Warren Buffett. Another significant quality of a successful businessman is to be able to see things that others cannot. “Businessmen are simply those who understand that there is little difference between obstacle and opportunity and are able to turn both to their advantage”

  25. World Cup 2010: We did it! Thanks to SMME’s who “played” their part

  26. The End “Be not afraid of growing slowly, be afraid only of standing still” Chinese Proverb

More Related